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BELOW MARKET RATE (BMR) HOME OWNERSHIP PROGRAM |
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We are accepting applications from eligible one, two, three and four-bedroom households.
We are currently accepting applications from moderate and lower-income, first-time homebuyers for one, two, three, and four-bedroom homes.
Priority will be given to those who currently live or work in Sunnyvale.
Please read the information below to see if you qualify for the program.
Visit the Home Buyer Programs for general information and BMR Program Resources.
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How to Determine Eligibility and Apply
Households eligible for, one, two, three and four-bedrooms: Apply by completing the following steps. Download the forms and resources you'll need below.
- Verify that you meet the Income Limits based on your household size.
- Review the BMR Home Ownership Program Guidelines.
- Confirm with Housing staff, the number of bedrooms that your household qualifies for.
- Ensure you have 10% of the homes purchase price for down payment.
- Obtain a pre-approval letter for a loan from a Qualified Participating Lender.
- Attend an 8-hour Homebuyer Education Workshop, in person or online. The workshop must be from a HUD-Certified Homebuyer Education Provider
- Complete a Homebuyer Program Eligibility Application, and gather all the required supporting documentation.
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Email Housing to receive instructions on how to electronically* submit your:
- Homebuyer Program Eligibility Application
- Supporting documentation
- And where to mail the $75 non-refundable fee
*Only electronic submissions are accepted
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